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2020 Albatross St

San Diego, CA 92101
  • $2,350,000
  • STATUS: ACTIVE
  • ON SITE: 248 Days
  • ID#: 230015892
$2,350,000
  • 6
    BEDS
  • 0.12
    ACRES
  • 6
    BATHS
  • 1
    1/2 BATHS
Type:
Multi-Family
County:

School Ratings & Info

Description

Welcome to this mid century stunner! A 5-unit building perfectly located next to downtown San Diego, and adjacent to Little Italy and the bustling Saturday Farmers Market. Built in 1970, this mid-century gem offers a bright and airy ambiance with large view windows in each unit. You'll find 4 units with 1bd/1ba, and an amazing penthouse unit with 2 bdms/2.5 baths. The units showcase a timeless design and modern amenities. Enjoy the convenience of walking to Little Italy, and downtown San Diego. Don't miss out on this incredible opportunity to experience the vibrant city life while residing in this captivating building. The units boast views of downtown and the picturesque harbor. Immerse yourself in the breathtaking panorama of the city skyline as it twinkles with life both day and night.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.redtreerealty.com/homes/142486459
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2020 Albatross St San Diego, CA 92101

  • Price: $2,350,000
  • Status: ACTIVE
  • On Site: 248 Days
  • ID#: 230015892
6
Beds
6
Baths
1
½ Baths
0.12
Acres
Neighborhood:
San Diego Downtown (92101)
County:
San Diego
Area:
San Diego Downtown (92101)
Property Description
Welcome to this mid century stunner! A 5-unit building perfectly located next to downtown San Diego, and adjacent to Little Italy and the bustling Saturday Farmers Market. Built in 1970, this mid-century gem offers a bright and airy ambiance with large view windows in each unit. You'll find 4 units with 1bd/1ba, and an amazing penthouse unit with 2 bdms/2.5 baths. The units showcase a timeless design and modern amenities. Enjoy the convenience of walking to Little Italy, and downtown San Diego. Don't miss out on this incredible opportunity to experience the vibrant city life while residing in this captivating building. The units boast views of downtown and the picturesque harbor. Immerse yourself in the breathtaking panorama of the city skyline as it twinkles with life both day and night.
Exterior Features

Carports 5 Parking Carports Parking Spaces Total 5 Units With Garages 0

Interior Features

Cooling Wall/Window Laundry Owned Sq Ft Of Improvement 3852 Units With Dishwashers 5 Units With Disposals 5 Units With Ranges 5 Units With Refrigerators 5

Property Features

Actual Cap Rate 3.0 Actual Gardener Expense 2800 Actual Gas And Electric 1581 Actual Gross Operating Income 136978 Actual Gross Scheduled Income 141138.0 Actual Operating Expense 66287 Actual Prop Management 9625 Assumable Finance 0 Buildings 1 Existing Financing Conventional Fiscal Year From 22 Fiscal Year To 23 Gross Equity 1850000 Gross Multiplier 18.98 Have 5 Units Leased Apartments 5 Mandatory Remarks None Known Market Area Metro Central Monthly Rent Total 136438 Motive Want Sell Other Income Amount 540 Other Income Source Laundry Present Loan Conv Short Sale No Sq Ft Source Tax Record Tenant Pays Electric Y Tenant Pays Water N Unit Number1 1 Unit Number2 2 Unit Number3 3 Unit Number4 4 Unit Number5 5 Unit Rent Total1 2192 Unit Rent Total2 2365 Unit Rent Total3 1925 Unit Rent Total4 2525 Unit Rent Total5 2925 Zoning R-3:RESTRI

San Diego MLS logo Listing provided courtesy of Elsa Benedict of Compass: 619-279-2536. Listing information © 2024 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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Red Tree Realty | Keller Williams La Jolla
4138 Napier St.
San Diego CA, 92110